Finance – Rayrice Forex News

Britain’s Ministry of Finance has issued draft regulations to regulate crypto assets.

LONDON, Feb 1 (Reuters) – Britain’s finance ministry said on Wednesday that turmoil in the sector and the collapse of exchange FTX indicated risks that needed to be addressed. Cryptocurrencies such as Bitcoin have little direct control globally, but regulators are closely watching the FTX collapse last year, which cost millions of investors billions of … Read more

Airtel Africa’s FY2Q net profit fell 21 percent year-on-year due to forex losses

Bharti Airtel’s Africa business reported a net profit of $152 million in the fiscal second quarter, down 21 percent from a year ago, dragged down by higher finance costs due to higher foreign exchange and equity losses. Net profit for the African business also fell 14.6 percent sequentially. Airtel Africa’s revenue for the quarter ended … Read more

Business News | Stock & Share Market News | Financial News | Sensex Nifty, NSE, BSE Live IPO News

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The Minister of Finance promised to ensure the stability of the foreign trade market.

Finance Minister Miftah Ismail said the government is committed to taking all possible steps to stabilize the rupee against the US dollar without interfering in the marketing process. On Saturday, he met with senior executives of Pakistan’s major money transfer companies and held a meeting with the heads of the finance department of Islamabad … Read more

Business News | Stock & Share Market News | Financial News | Sensex Nifty, NSE, BSE Live IPO News

Search quotes, news, mutual fund NAVs Adani Wilmar INE699H01024, AWL, 543458 Tata Motors INE155A01022, TATAMOTORS, 500570 Individuals HSG INE148I01020, IBULHSGFIN, 535789 The power of salvation INE814H01011, Adanipower, 533096 Tata Power INE245A01021, Tatapower, 500400 … Read more